Meituan (HK:3690)
OTHER OTC:3690
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3690 Stock Chart & Stats
HK$86.50
-HK$2.30(-1.57%)
At close: 4:00 PM EST
HK$86.50
-HK$2.30(-1.57%)
Day’s Range― - ―
52-Week RangeHK$72.25 - HK$149.80
Previous CloseN/A
Volume26.55M
Average Volume (3M)38.83M
Market Cap
HK$527.93B
Enterprise ValueHK$349.92B
Total Cash (Recent Filing)HK$171.02B
Total Debt (Recent Filing)HK$50.98B
Price to Earnings (P/E)―
Beta1.48
Next Earnings
Sep 02, 2026EPS Estimate
0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)4.88
Shares Outstanding5,595,466,000
10 Day Avg. Volume49,135,966
30 Day Avg. Volume38,831,260
Financial Highlights & Ratios
PEG Ratio0.14
Price to Book (P/B)3.66
Price to Sales (P/S)1.51
P/FCF Ratio-20.40
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$112.83Price Target Upside30.44% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering30
EPS Forecast (FY)-1.31
Revenue Forecast (FY)HK$403.75B
Bulls Say, Bears Say
Bulls Say
Diversified MonetizationMeituan's business model collects commissions, delivery fees and online marketing revenue across many local commerce verticals. That diversified transaction-based monetization and high-frequency usage create durable revenue streams and cross‑sell opportunities, supporting steady unit economics and resilience versus single-product models.
Nationwide Fulfillment & Last‑Mile NetworkA nationwide last‑mile and fulfillment network is a structural competitive advantage: it lowers delivery cost per order at scale, raises barriers to entry, and enables rapid roll‑out of adjacent services (groceries, retail on-demand). This logistics moat supports durable market share and service differentiation.
Proven Cash Generation (2023–24)Prior years' strong operating and free cash flow demonstrate the company's ability to convert marketplace volume into cash, enabling reinvestment in delivery capacity, marketing and product development. This track record indicates scalable economics when operating conditions normalize.
Bears Say
Sharp 2025 Profit & Cash ReversalThe sudden swing to sizeable losses and negative operating/free cash flow in 2025 reveals sensitivity to execution or market shocks. Such a reversal can force cutbacks, slower reinvestment, or external financing, undermining long‑term strategic initiatives and compressing the firm's ability to sustain prior growth trajectories.
Volatile Earnings ProfileRevenue and margin volatility weaken forecasting and capital allocation. For a marketplace reliant on high fixed logistics costs and promotional spend, earnings instability increases execution risk, may deter longer‑term merchant partnerships, and complicates sustained margin recovery even if top‑line resumes growth.
Rising Leverage After 2025 DownturnAn increase in leverage after profit deterioration reduces financial flexibility. Higher debt levels raise interest and refinancing risk, limit capacity for opportunistic investment in logistics or marketing, and make the company more vulnerable if cash generation remains impaired over multiple quarters.
Meituan News
3690 FAQ
What was Meituan’s price range in the past 12 months?
Meituan lowest stock price was HK$72.25 and its highest was HK$149.80 in the past 12 months.
What is Meituan’s market cap?
Meituan’s market cap is HK$527.93B.
When is Meituan’s upcoming earnings report date?
Meituan’s upcoming earnings report date is Sep 02, 2026 which is in 90 days.
How were Meituan’s earnings last quarter?
Meituan released its earnings results on Jun 01, 2026. The company reported -HK$0.937 earnings per share for the quarter, beating the consensus estimate of -HK$1.343 by HK$0.405.
Is Meituan overvalued?
According to Wall Street analysts Meituan’s price is currently Undervalued.
Does Meituan pay dividends?
Meituan does not currently pay dividends.
What is Meituan’s EPS estimate?
Meituan’s EPS estimate is 0.02.
How many shares outstanding does Meituan have?
Meituan has 5,595,466,000 shares outstanding.
What happened to Meituan’s price movement after its last earnings report?
Meituan reported an EPS of -HK$0.937 in its last earnings report, beating expectations of -HK$1.343. Following the earnings report the stock price went up 6.535%.
Which hedge fund is a major shareholder of Meituan?
Currently, no hedge funds are holding shares in HK:3690
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Meituan Stock Smart Score
Outperform
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10
Analyst Consensus
Strong Buy
Average Price Target:
HK$112.83 (30.44% Upside)
HK$112.83 (30.44% Upside)
Blogger Sentiment
Bullish
HK:3690 Sentiment 70%
Sector Average ―
Sector Average ―
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-44.45%
12-Months-Change
Fundamentals
Return on Equity
-13.59%
Trailing 12-Months
Asset Growth
15.33%
Trailing 12-Months
Company Description
Meituan
Meituan operates an e-commerce platform for various services. It operates through Food Delivery; In-store, Hotel & Travel; and New Initiatives and Others segments. The Food delivery segment provides consumers place orders of food prepared by merchants. The In-store, Hotel & Travel segment offers consumers purchase local consumer services provided by merchants in numerous in-store categories or make reservations for hotels and attractions. The New Initiatives and Others segment sales goods from B2B food distribution services and Meituan grocery; and various businesses, such as Meituan Instashopping, community e-commerce, bike-sharing and electric mopeds, and micro-credit services. The company was formerly known as Meituan Dianping and changed its name to Meituan in October 2020. Meituan was founded in 2003 and is headquartered in Beijing, China.
3690 Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call balanced strong operational and strategic positives — robust user and engagement growth (DAU +20%), notable progress in quick commerce, membership upgrades, AI milestones, Keeta achieving profitability in Hong Kong, and a healthy cash buffer (RMB 141.3bn) — against significant near-term financial pain: meaningful operating and adjusted net losses (RMB 15.3bn and RMB 16.0bn), negative operating cash flow (RMB -22.1bn), and sharp margin compression driven by elevated incentives and marketing spend. Management framed losses as deliberate, strategic investments to defend leadership and grow long-term value. Given sizable operational strengths and clear strategic rationale but material near-term financial deterioration, the overall tone is cautious and transitional.View all HK:3690 earnings summaries3690 Stock 12 Month Forecast
Average Price Target
HK$112.83
▲(30.44% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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